InvestIdeas

Koh Brothers' Q3 net profit falls 22%
By ANGELA TAN

Koh Brothers Group Limited said net profit for the third quarter of this year fell 22 per cent to S$26.62 million compared to a year ago.

Revenue fell 23 per cent to S$168.63 million.

KOH BROTHERS Shares of construction firm Koh Brothers Group jumped as much as 44.4 percent on Wednesday with 425,000 shares traded after it won a contract worth S$580 million ($379 million) from the government to build an underground metro station.

[ID:nSP195005] Construction will begin in the first quarter of 2009 and is targeted for completion in 2013.

By 0128 GMT, shares of Koh Brothers were up by 33.3 percent at S$0.12.

winston wrote:KOH BROTHERS Shares of construction firm Koh Brothers Group jumped as much as 44.4 percent on Wednesday with 425,000 shares traded after it won a contract worth S$580 million ($379 million) from the government to build an underground metro station.

the minister said that it was Koh Bros who built the underground pipes for our marina barrage. he cited this as an example of local capabilities and then, they attained the trackrecord to venture overseas ...

as such, this might be an interesting counter to monitor as the government announced more "deals" ...

November 11, 2009, 6.40 pm (Singapore time)

Koh Brothers' 9-mth net profit falls 73%

By JOYCE HOOI

Construction-related Koh Brothers Group saw a 73 per cent drop in net profit for the nine months ended 30 Sept, from $26.6 million to $7.3 million.

Excluding exceptional items from the gain on disposal of Changi Hotel from the previous year, the group's net profit for the first nine months of 2009 showed an improvement of $6.7 million over the corresponding period in 2008.

Sales for the same period rose 38 per cent year-on-year to $233.3 million, driven by the group's construction and real estate divisions.

Earnings per share for the nine month-period fell to 1.52 cents from 5.55 cents a year ago.

Refer to my notes on Heeton's thread.
Koh Brothers has two JVs (ie. two price catalyst) with Heeton.
a. Sun Plaza 50% stake
b. The Lumos project (50% stake)

from koh bros FY09

NAV = 33.53
num of sh = 479,613,400
equity = 163.054m
devlpt ppty = 124.28m

cash = 41.402m => $0.085
debt = 258.286m => $0.539
d/e = 1.584

=======================

15feb2008, koh bro disposed ppty for S$42m
fy08 np = 26.7m
total div declared = 1.439m
special div = $0.001

looking at their dividend history, i have to conclude they r quite stingy ...

Koh Brothers' FY15 earnings fall 6% to $27.9 million
http://sgx.i3investor.com/servlets/fdnews/58171.jsp

Koh Brothers to set up beauty clinics
http://www.theedgemarkets.com.sg/sg/art ... ty-clinics

Koh Brothers posts 68% fall in 1Q earnings to $1.1 mil on higher other losses, expenses
http://www.theedgemarkets.com.sg/koh-br ... s-expenses

Koh Brothers goes 'Gangnam style' with acquisition of $119 mil property
http://www.theedgemarkets.com.sg/koh-br ... l-property